Regulatory Compliance Journal

Financial crime and regulatory compliance information for professionals finance, legal and technology enthusiasts

The understanding and management of risk by financial institutions, banks, and entities, has improved over the years. To...

Since 1991, the European Union has regularly updated and released new anti-money laundering directives to adapt to and b...

Efficiently fine-tuning AML Transaction Monitoring can help financial firm's compliance teams to increase productivit...

Despite the consistent efforts adopted by banks to fight money laundering and financial crime, fines for AML breaches ha...

Since its inception, the EU’s General Data Protection Regulation (GDPR) has been deemed by experts as the world’s st...

While the world is on hold, financial crime has not taken a step back amidst the coronavirus emergency. Scammers, money...

Corporate governance standards are a framework within which operational and behavioural standards for the board, the exe...

On the 6th of August 2019, the National Bank of Belgium ("NBB") published a press release announcing that in 20...

Politically exposed persons (PEPs) are individuals who have been entrusted with prominent public functions, such as gove...

What is DLU and how has it evolved through the years?DLU stands for "Déclaration Libératoire Unique", which is...

From an extra pair of hands to the person that advises on strategical decisions and the future of your company, consulta...

A top-down approach highlights the behaviour of regulatory changes in the financial institution and helps the Compliance...

12 articles matching compliance expert tag

What can be done to improve the efficiency of AML fines?

The heavy fines imposed on financial institutions for AML deficiencies over the years have frequently fallen short in achieving their goals. This inefficiency is manifest in the repeat offending of such banks, the heavy burden it places on them, and the lack of improvement in the AML system. A ...

How effective are AML fines?

Considered a strong deterrent against financial crime, AML fines seem to be little more than symbolic slaps on the wrist for financial institutions with vast pockets. With trillions of dollars being freely laundered every year and ambiguous structural changes required to effectively combat mone...

How are charities used for money laundering?

As funds flow into the hands of charities, an unsettling question arises: is your donation inadvertently fueling money laundering activities? While the noble intentions behind charitable giving inspires positive change, criminals have exploited the realm of benevolence, using it as a strategic ...

How can AML experts fight trade-base money laundering?

Beneath the seemingly ordinary surface of global commerce, criminals have created an underground world of complex schemes, where legitimate business transactions serve as a smokescreen for their illicit activities. How can anti-money laundering experts stop the flow of illegal funds into the wo...

European Data Protection Authorities Websites [Compiled list]

The protection of privacy has grown to be of utmost importance in a society where our every action is digitally recorded and where personal information is exchanged like an untraceable currency. European Data Protection Authorities (DPAs) have launched a privacy revolution and established the ...

Michel Cliquet - Pideeco Member
Michel Cliquet Senior Consultant
Chloe Cauchois - Pideeco Member
Chloe Cauchois Junior Consultant
Drini Vula - Pideeco Member
Drini Vula Senior Consultant
Mariam Debaisieux - Pideeco Member
Mariam Debaisieux Traineeship

More work

How to write the perfect SAR?

Anti Money Laundering, AML, Audit Findings, Compliance, Due Diligence, Financial Sanctions, KYC, Money Laundering, Red Flags, Risk Based Approach, Reporting, Transaction Monitoring,

Suspicious Activity Reports (SAR) drafted by financial institutions contain some of the most valuable information available to law enforcement agencies in the fight against financial crime. Yet, the FinCEN Files scandal of 2020 has shown that major ...

What are the EU's Anti-Money Laundering Directives?

5AMLD, 6AMLD, AML, Anti Money Laundering, Compliance, Compliance expert, Consultant, EU, Europe, European Commission, European Court of Justice, Financial Institutions, Money Laundering, Politically Exposed Persons,

Since 1991, the European Union has regularly updated and released new anti-money laundering directives to adapt to and be able to fight new money laundering and terrorist financing techniques (e.g.: MiCA to regulate crypto-currencies). Today, modern ...

How important are audit trails for your company?

Financial firms, Audit, Ethics, Governance, Conduct Risk, RegTech, Transparency, Financial Institutions, AML, MiFID2, KYC,

An audit trail (also called audit log) is a relevant chronological recording of actions, a set of files, or the destination of a collection of records that represent a sequence of successive activities or events within an operational environment, a p...